Nickel market stays closed after historic short squeeze March 14, 2022 Nickel trading remained suspended at the London Metal Exchange (LME) today - with no dates currently set for reopening the market.
EDF faces €26bn hit from price cap and nuclear power outages March 14, 2022 French state-controlled energy firm EDF has sharply downgraded its forecast this year - estimating a €26bn hit on its core profits.
Government considers extending life of EDF coal power plant March 14, 2022 The government is weighing up suspending the closure of a coal power plan overseen by EDF in West Burton.
Oil prices plummet as investors pin hopes on Russia-Ukraine talks March 14, 2022 Oil prices nosedived on both major benchmarks today following renewed peace talks between Ukraine and Russia.
Oil round up: India weighs up Russian oil as Boris Johnson calls on Saudi Arabia to boost output March 14, 2022 India is considering a Russian offer to buy crude oil and other commodities at discounted prices through a rupee-rouble transaction.
Rio Tinto makes $2.7bn play for control of Mongolian mine March 14, 2022 Rio Tinto has made a $2.7bn cash offer for Turquoise Hill's remaining shares in a bid to gain control of a Mongolian copper-gold mining project.
UK looks north: Oil and gas remain key to energy independence March 14, 2022 The UK is seemingly committed to North Sea oil and gas as it cuts itself off from Russian energy supplies following the invasion of Ukraine.
Government minister urges consumers to be more cautious about online security March 14, 2022 Consumers need to be even more cautious with their digital activity amid “heightened international tensions”, warned James Cleverly.
Iran suspends Saudi Arabia talks while US deal hits Russian roadblock March 13, 2022 Iran has paused talks with Saudi Arabia while Russian demands have curtailed its attempts to revive former arrangements with the US.
Last orders: Restaurant insolvencies spike as economic pressure bites March 13, 2022 Restaurant insolvencies jumped 20 per cent, according to the latest data published from accountancy group UHY Hacker Young It revealed that insolvencies rose to 354 in the last quarter of 2021, – up from 296 in the previous three-month window. UHY Hacker Young argues that despite the end of coronavirus restrictions, the sector will continue [...]
